Remote Working from Panama: A Digital Nomad's Paradise

Posted on October 11, 2023 in guide

Panama, with its stunning landscapes, thriving cities, and a strategic position bridging North and South America, is an ideal location for remote workers seeking a balance between work and adventure. This comprehensive guide will walk you through everything you need to know about remote working in Panama, from visas and accommodation to networking and exploring the country.

1. Visa and Legal Requirements

Visa Options

  • Tourist Visa: U.S. citizens can enter Panama for up to 180 days without a visa for tourism or business purposes. It's a hassle-free option for short-term remote work stays.
  • Friendly Nations Visa: If you plan to stay longer and work remotely, the Friendly Nations Visa is a popular choice. It requires you to open a local bank account with a minimum deposit and demonstrate ties to a friendly nation, which includes the United States.

Work Permits

  • Panama's government offers a special remote worker visa, known as the Remote Worker Visa. To be eligible, you must have a stable income source from abroad and not work for Panamanian companies. This visa offers a path to legal remote work in Panama.

2. Accommodation

Panama offers a variety of accommodation options to suit different budgets. Here are a few popular choices:

  • City Apartments: In Panama City, you'll find a wide range of furnished apartments, from luxurious high-rises to more affordable options.
  • Beachfront Rentals: If you prefer a beachy vibe, consider towns like Bocas del Toro or Coronado for beachfront homes or condos.
  • Coworking Spaces with Accommodation: Some coworking spaces offer accommodation packages, combining work and leisure in one location.

3. Connectivity

Panama boasts good internet connectivity in urban areas, particularly in Panama City. Most hotels, apartments, and coworking spaces offer high-speed internet. However, if you're planning to work from more remote areas, it's advisable to check the internet quality and speeds in advance.

4. Coworking Spaces

Panama has a thriving coworking scene, providing comfortable, productive environments for remote workers. Some popular options include:

  • Selina
  • Regus
  • CityDesk

5. Cost of Living

Panama offers an attractive cost of living, particularly when compared to many North American cities. Daily expenses, such as food and transportation, are often more affordable. Remember that costs can vary depending on your location within Panama.

6. Networking and Community

Connecting with fellow remote workers and expats can enhance your Panama experience. Consider joining local groups or online communities where you can ask questions, exchange tips, and even meet up in person. Some options include:

  • Internations Panama: A global expat community with local chapters.
  • Meetup.com: Look for Panama-based groups related to your interests.

7. Travel and Leisure

Panama offers an array of natural wonders, from pristine beaches to lush rainforests and vibrant cities. Make time to explore:

  • Panama City: Discover the historic Casco Viejo, modern skyscrapers, and the Panama Canal.
  • Beaches: Explore the stunning coastlines in Bocas del Toro, San Blas Islands, and Santa Catalina.
  • Hiking and Nature: Head to El Valle de Antón, Boquete, or Darien to experience Panama's incredible biodiversity.
  • Adventure Sports: Enjoy activities like surfing, scuba diving, zip-lining, and mountain biking.

8. Healthcare

Panama offers high-quality healthcare, particularly in Panama City. Many doctors and healthcare professionals are fluent in English, and private healthcare facilities are modern and well-equipped. Expats often purchase international health insurance for peace of mind.

9. Safety and Security

Panama is generally safe, with low crime rates compared to neighboring countries. Exercise common-sense precautions and keep an eye on your belongings, especially in crowded areas.

10. Language

The official language is Spanish, but English is widely spoken, especially in urban areas.

11. Taxes

Panama offers tax incentives to attract expats and remote workers. You may be eligible for tax benefits, but it's advisable to consult with a tax expert to understand your specific situation.

Remote working in Panama offers a fantastic blend of work and leisure. With the right visa, accommodation, and a sense of adventure, you can enjoy the best of both worlds while discovering the beauty and culture of this Central American gem.